Online Extra: Residential Options ARMs Lending Table

  Option ARMs Originations
Rank Organization Name Q2 '06 * Q2 '05 * % Change Share
1 Countrywide $19,600 $25,300 -23% 26.0%
2 Golden West $11,574 $13,318 -13% 15.4%
3 Washington Mutual $11,256 $19,564 -42% 14.9%
4 American Home Mtg. Investment $5,293 na na 7.0%
5 GMAC-RFC $4,998 $303 1550% 6.6%
6 IndyMac Bancorp, Inc. $4,267 $4,576 -7% 5.7%
7 GreenPoint Mortgage Funding $3,826 $3,549 8% 5.1%
8 EMC Mortgage $3,626 $3,534 3% 4.8%
9 MortgageIT $2,132 $933 129% 2.8%
10 Homecomings Financial $1,740 $322 440% 2.3%
11 First Magnus Financial Corp. $1,449 $3,406 -57% 1.9%
12 NovaStar Mortgage $1,217 $141 765% 1.6%
13 Downey $665 $3,528 -81% 0.9%
14 SCME Mortgage Bankers, Inc. $614 $612 0% 0.8%
15 1st National Bank of Arizonia $565 na na 0.7%
16 FirstFed $512 $1,124 -54% 0.7%
17 Bank of America $371 $55 575% 0.5%
18 SBMC Mortgage $337 $206 64% 0.4%
19 First Horizon Home Loans $321 $452 -29% 0.4%
20 SunTrust Mortgage, Inc. $299 $30 897% 0.4%
21 GMAC Residential Holdings $239 $31 671% 0.3%
22 American Mortgage Network $237 $351 -32% 0.3%
23 Flagstar Bank, FSB $211 na na 0.3%
  Total $75,350 $81,335 -7% 100.0%

* Dollar amount in millions

Note: Results may be incomplete because some lenders would not provide option ARM volumes. Source: National Mortgage News/Quarterly Data Report; Keefe Bruyette & Woods; SourceMedia.

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